Fidelity High Dividend ETF $FDVV Stake Raised by Independence Financial Advisors LLC

Independence Financial Advisors LLC raised its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 63.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 285,386 shares of the company’s stock after buying an additional 110,834 shares during the period. Fidelity High Dividend ETF makes up approximately 4.8% of Independence Financial Advisors LLC’s portfolio, making the stock its 7th largest position. Independence Financial Advisors LLC owned 0.22% of Fidelity High Dividend ETF worth $15,899,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Ballew Advisors Inc grew its stake in Fidelity High Dividend ETF by 0.7% during the 3rd quarter. Ballew Advisors Inc now owns 29,458 shares of the company’s stock worth $1,632,000 after purchasing an additional 193 shares in the last quarter. Assetmark Inc. increased its stake in shares of Fidelity High Dividend ETF by 80.5% during the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after buying an additional 211 shares during the period. Ellis Investment Partners LLC raised its holdings in Fidelity High Dividend ETF by 5.2% in the second quarter. Ellis Investment Partners LLC now owns 4,828 shares of the company’s stock valued at $251,000 after acquiring an additional 240 shares in the last quarter. Accurate Wealth Management LLC lifted its stake in Fidelity High Dividend ETF by 2.0% in the second quarter. Accurate Wealth Management LLC now owns 13,852 shares of the company’s stock worth $739,000 after acquiring an additional 275 shares during the last quarter. Finally, Bogart Wealth LLC lifted its stake in Fidelity High Dividend ETF by 37.5% in the second quarter. Bogart Wealth LLC now owns 1,104 shares of the company’s stock worth $57,000 after acquiring an additional 301 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.5%

Shares of NYSEARCA:FDVV opened at $57.18 on Friday. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $57.44. The company’s 50 day moving average is $56.50 and its two-hundred day moving average is $55.27. The company has a market cap of $8.09 billion, a PE ratio of 17.18 and a beta of 0.92.

About Fidelity High Dividend ETF

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.